Download Economics Pacing Guide 2016-2017

2015-2016 Washington County School District Pacing Guide - [delete brackets and insert course name]
Dates
Weeks 1
and 2
Enduring
Skills/Understandings
Using evidence to support a
claim
Evaluating sources
Taking action
Unit Topic
Standards
Essential Vocabulary
Basic Economic
Concepts
HS3.EDM.4 Economic Decision Making Use
economic analysis to determine marginal benefits and
marginal costs of the solution for an economic issue.
HS4.EDM.4 Economic Decision Making Construct
an argumentthat evaluates approaches to solving an
economic issue, considering resource availability,
opportunity cost and incentives.
HS2.EDM.4 Economic Decision Making Use economic
analysis to evaluate how economic choices and
government policies impact individuals and groups..
HS1.EDM.6 National Economy Use economic analysis
to determine how advancements in technology and
investment in capital and human resources impact both
economic growth and standards of living..
HS1.EDM.5 Exchange and Markets Explain how money
facilitates exchange by reducing transactional costs and
describe its relationship to financial institutions and
related institutions.
HS1.EDM.5 Exchange and Markets Explain how money
facilitates exchange by reducing transactional costs and
describe its relationship to financial institutions and
related institutions.
HS1.EDM.6 National Economy Use economic analysis
to determine how advancements in technology and
investment in capital and human resources impact both
economic growth and standards of living..
HS4.EDM.4 Economic Decision Making Construct
an argumentthat evaluates approaches to solving an
economic issue, considering resource availability,
opportunity cost and incentives.
Economics,Wants, Needs,
Scarcity, Economic Model,
Trade Offs, Marginal Cost,
Marginal Benefit, CostBenefit Analysis, Factors of
Production
Demand
Weeks 3,
4, and 5
Supply
Demand, Demand
Schedule, Demand Curve,
Law of Demand, Market
Demand, Utility, Substitute,
Demand Elasticity
Supply, Law of Supply,
Supply Schedule, Supply
Curve, Profit, Market
Supply,
Productivity,Subsidy,
Supply Elasticity, Surplus,
Shortage, Equilibrium
Weeks 5,
6, and 7
Page 1 of 2
2014-2015
2015-2016 Washington County School District Pacing Guide - [delete brackets and insert course name]
Business and Labor
marginal costs of the solution for an economic issue.
HS4.EDM.4 Economic Decision Making Construct
an argumentthat evaluates approaches to solving an
economic issue, considering resource availability,
opportunity cost and incentives.
marginal costs of the solution for an economic issue.
HS4.EDM.4 Economic Decision Making Construct
an argumentthat evaluates approaches to solving an
economic issue, considering resource availability,
opportunity cost and incentives.
Weeks 8,
9, and 10
Economic Boycotts
and
Government and the
Economy
HS3.EDM.5 Exchange and Markets Evaluate the
effectiveness of government policies to regulate
markets and analyze the impact of intended and
unintended consequences of these policies on
market outcomes.
HS2.EDM.5 Exchange and Markets Identify market
inefficiencies and analyze the effectiveness of
government policies on both domestic and foreign
markets.
HS3.EDM.4 Economic Decision Making Use
economic analysis to determine marginal benefits and
marginal costs of the solution for an economic issue.
Money
and
Banking
HS1.EDM.5 Exchange and Markets Explain how money
facilitates exchange by reducing transactional costs and
describe its relationship to financial institutions and
related institutions.
HS2.EDM.4 Economic Decision Making Use economic
analysis to evaluate how economic choices and
government policies impact individuals and groups..
HS2.EDM.4 Economic Decision Making Use economic
Weeks 11,
12, and 13
Weeks 14
and 15
Page 2 of 2
HS2.EDM.4 Economic Decision Making Use economic
analysis to evaluate how economic choices and
government policies impact individuals and groups..
HS1.EDM.6 National Economy Use economic analysis
to determine how advancements in technology and
investment in capital and human resources impact both
economic growth and standards of living..
Proprietorship, Unlimited
Liability, Financial Capital,
Partnership, Articles of
Partnership,Corporation,
Charter,
Stock,Stockholders, Board
of Directors, Limited
Liability, Cooperative,
Closed Shop, Union Shop,
Right to Work Laws,
Modified Union Shop
Mediation, Arbitration,
Strike, Lockout
Private Goods, Exclusion
Principle, Public Goods,
Nonexclusion Principle,
Externality, Monopoly,
Merger, Antitrust Laws,
Natural Monopoly, Real
GDP, Expansion, Peak,
Recession, Civilian Labor
Force, Unemployment
Rate, Inflation, Stock
Markets, Stock Exchanges,
Poverty, Workfare,
Progressive Income Tax
Commercial Banks,
Savings and Loans, Credit
Unions, FDIC, Federal
Reserve, Discount Rate
2014-2015
2015-2016 Washington County School District Pacing Guide - [delete brackets and insert course name]
analysis to evaluate how economic choices and
government policies impact individuals and groups..
Economic Systems
Weeks16,
17, and 18
Dates
Page 3 of 2
Essential
Skills/Understandings
Unit Topic
HS2.EDM.7 Global Economy Use economic analysis
to evaluate current economic trends and the role of
comparative advantagein the international trade of
goods and services.
HS4.EDM.7 Global Economy Evaluate how current
globalizationtrends and policies affect human rights
and the environment.
HS1.EDM.7 Global Economy Explain the role of
Comparative advantage in the international trade of
goods and services
Standards
Exports, Imports,
Comparative Advantage,
Tariff, , Exchange Rate,
Market Economy,
Command Economy,
Communism, Mixed
Economy, Traditional
Economy, International
Monetary Fund, World
Bank
Essential Vocabulary
2014-2015
2015-2016 Washington County School District Pacing Guide - [delete brackets and insert course name]
Page 4 of 2
2014-2015